TokenTax supports processing of Central Exchange (CEX) margin, futures, and derivative trades (Margin for short) under certain plans and add-ons. These types of transactions cannot be automated in the same manner as CEX spot trades. For this reason, clients with these types of activity will need to purchase either our Margin Processing Add-on or our Pro Plan (depending on the platform(s) used). These will support the manual processing of your Margin transactions in order to ensure their accuracy in your tax reports. *Please note that certain on-chain Margin transactions (Margins that take place on a DeFi blockchain) require the purchase of the VIP Plan at minimum.
Once the proper plan coverage is in place, the data will need to be processed by our team of specialists. Please note that this data will only be processed once for the tax year purchased, and not on an ongoing basis throughout the year.
TokenTax will start to process these types of data after the end of the tax year. Once the year is complete, you may reach out to our support team and list the platforms you used for Margins. Support will advise on any specific data importing needs (if applicable) before handing your files off to be processed. Margin processing can take up to two weeks to complete. *Processing times may be impacted by peak tax seasons. Confirmation will be sent one completed.
If you have Margin, Futures, or Derivatives data, please contact support via chat or email ([email protected]) to ensure that you have proper coverage in place.